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About This Home

This 4-bedroom, 3-bathroom single family at 319 Lake Street S in Forest Lake, MN is listed for $929,900 ($365 per sqft). Built in 1909, the home offers 2,545 sqft of living space on a 0.26 acres lot.

Agent Description

Over 80 feet of level, sandy beach frontage on First Lake and all the lake lifestyle that comes with it. This 4-bedroom, 3-bath home offers 2,545 finished square feet of thoughtfully designed living space just 30 minutes from the Twin Cities. Whether you're searching for a summer getaway, year-round retreat, or established investment property, this home delivers on every level.

The fully furnished interior is move-in ready, and the property has a strong track record as a successful short-term rental, making it both personally enjoyable and financially appealing. Furnishings and amenities are available for separate purchase. Step outside to your private sandy beach where you can swim, boat, relax, and enjoy front-row views of Forest Lake’s famous 4th of July parade right from your backyard.

Prime First Lake frontage, downtown walkability, and exceptional income potential make this a rare opportunity that checks every box.

Key Features

  • Built in 1909
  • 0.26 acre lot
  • Waterfront

Property Details

2 full
1909

Amenities

Waterfront

Monthly Cost Estimate

$4,973/mo

20% down · 6.5% · 30 years

Principal$673
Interest$4,030
Insurance$271

Estimates only. Actual payments may vary.

Location

319 Lake Street S

Forest Lake, MN 55025

Forestdale

Features & Amenities

Exterior Features

Vinyl

Property Details

Parking

DrivewayGarageGarage - Attached

Heating

Baseboard

Appliances

DishwasherDryerGarbage DisposerMicrowaveRefrigeratorWasherWater - Softener

Questions & Answers

This 4-bedroom, 3-bathroom single family at 319 Lake Street S is listed at $929,900 ($365/sqft). The estimated monthly payment is $4,030 based on 20% down at 6.5% interest.

Key features include: Built in 1909, 0.26 acre lot, Waterfront. Exterior Features: Vinyl.

This property is listed by Megan Kenny and can be reached at 6512482796 or megan@jj-realtygroup.com.

MK

Megan Kenny

Agent at RE/MAX Synergy

(651) 248-2796

Listed by RE/MAX Synergy · View on Broker Site

MLS# 7068308· Source: listhub· Updated 27 days ago

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

319 Lake Street S, Forest Lake, MN 55025

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